HVAC Contractor Insurance in Colorado
We provide HVAC contractor insurance solutions to businesses in Colorado and beyond.
HVAC Contractor Insurance at The DeLuca Agency and Denver Insurance Brokerage Inc
What is HVAC contractor insurance?
HVAC contractor insurance is a specialized form of coverage designed to protect heating, ventilation, and air conditioning contractors from the unique risks they face in their line of work. This insurance typically includes general liability, professional liability, workers’ compensation, commercial auto, and property insurance. For HVAC contractors in Colorado, having comprehensive HVAC insurance is essential to safeguard against potential lawsuits, accidents, and financial losses.
What does HVAC insurance cover?
HVAC contractor insurance typically includes the following coverages:
- General Liability Insurance: This covers third-party bodily injury and property damage claims. For example, if a client or a bystander is injured on the job site or if you accidentally damage a client’s property, general liability insurance will cover the associated costs.
- Professional Liability Insurance: Also known as errors and omissions insurance, this covers claims arising from professional mistakes or negligence. If a client alleges that your faulty installation or repair caused damage, this insurance covers legal fees and damages.
- Workers’ Compensation Insurance: This is essential if you have employees. It covers medical expenses and lost wages for employees injured on the job. In Colorado, workers’ compensation insurance is legally required for businesses with employees.
- Commercial Auto Insurance: This covers vehicles used for business purposes, such as transporting tools and equipment to job sites. It includes liability coverage for accidents, as well as coverage for vehicle damage.
- Property Insurance: This covers damage to your business property, including tools, equipment, and office space. It protects against risks such as theft, fire, and vandalism.
- Inland Marine Insurance: This covers tools and equipment that are transported to different job sites. It ensures that your valuable tools are protected while in transit or temporarily stored offsite.
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“I became a client of the DeLuca Agency when it bought my previous insurance agency. Fortunately, Caula Campbell-Frazier transferred with the company. She has been a delight to work with–always responds quickly, thoroughly and with a real desire to answer questions or assist you. I can’t say enough good things about her. You will not be disappointed.”
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Spoke with Gloria and she was very knowledge about my insurance needs. She guided me to consider options that are well within my budget and would greatly help my family when needed.
Spoke with Gloria and she was very knowledgeable about my insurance needs. She guided me to consider options that are well within my budget and would greatly help my family when needed.Had a great experience with the DeLuca Agency. We quoted with them one year and decided not to move forward because life got busy. But we decided to try again the next year and we were welcomed back without judgment for not having moved forward previously. The agent (Paige Brown) was very professional and extremely knowledgeable about the various companies, coverage, etc. They are able to cater to high end clients and it shows with their knowledge, thoroughness, and expertise. She spent a good amount of time answering our complex questions and informed us about things we never knew before that go deeper into insurance coverage. They have a nice range of products as well and seem to do what’s best for your unique situation.
Paige with The DeLuca Agency was a great help when I needed insurance recently. Highly recommend.
I have worked with the DeLuca Agency since moving to CO in 2019. Danielle Duffy is amazing and has always helped me out with any and everything I have needed. She goes above and beyond every single time I contact her. Beyond that, she is just an overall pleasant person!
We have been insured through The DeLuca Agency for over 2 years and find their customer service highly responsive. The Staff is extremely professional and knowledgeable. I highly recommend this agency for any of your insurance needs.
What factors affect HVAC contractor insurance in Colorado?
Several factors can affect HVAC insurance in Colorado, including:
- Type of HVAC Equipment: The kind of HVAC systems you work with can impact the insurance coverage and premiums. Specialized systems may require additional coverage.
- Business Size and Scope: The size of your HVAC business, including the number of employees and the scale of operations, affects your insurance needs.
- Location: Geographic location can influence insurance costs due to varying risks associated with natural disasters, climate conditions, and local regulations.
- Claims History: A history of past claims can affect your insurance premiums.
- Coverage Types: The types of coverage you choose, such as general liability, professional liability, property insurance, or workers’ compensation, impact the overall cost and extent of protection.
- Safety Measures and Training: Implementing safety measures, regular employee training, and having a robust risk management plan can help lower premiums by reducing the likelihood of accidents and claims.
- Experience and Reputation: The experience level and reputation of your HVAC business can influence insurance costs.
- Regulatory Compliance: Adhering to local regulations and industry standards can impact insurance.
Understanding these factors can help you tailor your insurance coverage to better meet the specific needs and risks associated with your HVAC business in Colorado.
What types of businesses in Colorado need HVAC contractor insurance?
Here are the types of businesses in Colorado that should consider HVAC business insurance, along with brief explanations:
- HVAC Contractors and Companies: Provide installation, repair, and maintenance services for heating, ventilation, and air conditioning systems.
- HVAC Installers and Repair Services: Specialize in installing new HVAC systems and repairing existing ones for residential and commercial clients.
- HVAC Maintenance Providers: Offer routine maintenance services to ensure HVAC systems operate efficiently and prevent breakdowns.
- Combined Plumbing and HVAC Services: Businesses that provide both plumbing and HVAC services, covering a broad range of home and commercial service needs.
- Combined Electrical and HVAC Services: Companies handling both electrical and HVAC work, requiring coverage for risks in both fields.
- Commercial and Residential HVAC Services: Serve HVAC needs for both commercial properties (like office buildings and factories) and residential homes.
- HVAC Equipment Suppliers: Sell HVAC equipment and parts, covering liabilities related to their products.
- Industrial HVAC Services: Focus on HVAC systems in industrial settings, such as manufacturing plants and warehouses.
- Refrigeration Specialists: Install, repair, and maintain refrigeration systems, often overlapping with HVAC services.
Are there any exclusions in HVAC contractor insurance policies?
Yes, there are common exclusions in HVAC insurance policies that contractors should be aware of:
- Intentional Acts: Claims arising from intentional acts of harm or damage are typically excluded.
- Contractual Liability: Liability assumed under a contract, unless explicitly covered, may not be included.
- Employment Practices: Claims related to employment practices, such as wrongful termination or discrimination, are usually excluded unless you have an employment practices liability insurance policy.
- Pollution Liability: Claims related to pollution or environmental damage may be excluded unless you have specific pollution liability coverage.
- Wear and Tear: Damage resulting from normal wear and tear or lack of maintenance is generally not covered.
Do HVAC technicians need their own HVAC insurance when doing side work?
HVAC technicians are generally covered under their employer’s insurance policy while working on behalf of the employer. However, this coverage usually does not extend to side jobs or independent work performed by the technician. For any side work, technicians should have their own insurance to ensure they are protected.
How can Colorado contractors obtain HVAC insurance?
Reach out to the independent agents at The DeLuca Agency for a fast quote on HVAC contractor insurance in Colorado. With their expertise and commitment to providing comprehensive coverage tailored to your business needs, you can rest assured that your HVAC contracting business is well-protected. Whether you need general liability, professional liability, workers’ compensation, or commercial auto insurance, The DeLuca Agency offers competitive rates and exceptional service.
Get in touch with our team!
For questions or concerns, please contact our independent insurance agents.
CO Office
6021 S Syracuse Way Ste 207 Greenwood Village, CO 80111
Phone: 720.484.3732
MD Office
500 Redland CT Ste 106 Owings Mills, MD 21117
Phone: 410.521.6500
UT Office
13894 Bangerter Pkwy Ste 200 Draper, UT 84020
Phone: 810.639.0078
Email: steve@delucaagency.com